Ripple Unveils Ethereum-Compatible Sidechain on XRPL: Opening Doors for DeFi Expansion

Ripple is set to launch a revolutionary sidechain capable of interfacing with Ethereum’s smart contracts, bringing the capabilities of Web3 to the XRP Ledger (XRPL) in Q2 2025. This bold move aims to foster growth in the burgeoning decentralized finance (DeFi) space. The bridge developed by Axelar and Squid Router facilitates seamless transfers between the XRPL and this new EVM sidechain, streamlining token movement and enabling a wider range of DeFi applications like token swaps, liquidity pools, and yield farming. 87 new projects have already joined the testnet, demonstrating significant early traction for this innovative development.